HomeMy WebLinkAbout07 22 2025 EDA Meeting Minutes PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY
MEETING MINUTES
Tuesday, July 22, 2025 – 4:00 p.m. Rescheduled from Monday, July 14,2025
Parkview Conference Room
1. CALL TO ORDER
Chair Prchal called the meeting to order at 4:00 p.m. In attendance were Prchal, Lake, Marco, Braid,
and Boucher-Hoese. Absent: None. Also present were Executive Director Wedel, Community
Development Director McCabe, and Deputy City Clerk / Administrative Assistant Kooiman.
2. APPROVAL OF AGENDA
MOTION BY LAKE, SECONDED BY BRAID TO APPROVE THE AGENDA
Ayes by Prchal, Marco Boucher-Hoese, Braid and Lake.
That motion carried 5-0.
3. APPROVAL OF MEETING MINUTES
MOTION BY MARCO, SECONDED BY BOUCHER-HOESE TO APPROVE THE June 9, 2025,
MEETING MINUTES.
Ayes by Prchal, Marco Boucher-Hoese, Braid and Lake.
That motion carried 5-0.
4. CONSENT AGENDA
A. Monthly Development Update (6/30/25)
MOTION BY BRAID, SECONDED BY LAKE TO APPROVE THE CONSENT AGENDA.
Ayes by Prchal, Marco Boucher-Hoese, Braid and Lake.
That motion carried 5-0.
5. OLD BUSINESS
A. Strategic Property Acquisition Update
McCabe and Wedel: Updated EDA Commissioners on recent strategic property acquisition
discussions with downtown property owners. Commissioners discuss different options for
providing additional off-street parking in the downtown south area.
6. NEW BUSINESS
A. Resolution Approving a Request for 2026 EDA Tax Levy and Budget
McCabe: Introduced the item and provided detail on the proposed 2026 EDA tax levy and budget
request.
Commissioners: shared their thoughts on the budget and levy request and anticipated projects
and revenue sources in future years.
MOTION BY MARCO, SECONDED BY BOUCHER-HOESE TO APPROVE THE RESOLUTION
APPROVING THE 2026 ECONOMIC AUTHORITY TAX LEVY AND BUDGET
Ayes by Prchal, Marco, and Boucher-Hoese. Abstained by Braid and Lake.
That motion carried 3-0-2.
4646 Dakota Street SE
Prior Lake, MN 55372
B. EDA-Owned Property Discussion
Commissioners: moved this topic to the next meeting in September to allow more time for
discussion.
7. OTHER BUSINESS
A. Staff Updates
McCabe: provided an update on discussions with the developer of the Cora mixed-use
apartment project.
Commissioners: discussed whether the new revision is on the right track and how to make sure
the previously proposed plan is implemented as much as possible. Some commissioners
expressed concerns with the removal of one of the elevators and wanted to ensure the existence
and success of the restaurant and rooftop restaurant deck.
B. Commissioner Comments
None.
8. ADJOURNMENT
MOTION BY BOUCHER-HOESE, SECOND BY MARCO TO ADJOURN THE MEETING.
Ayes by Prchal, Marco Boucher-Hoese, Braid and Lake.
That motion carried 5-0.
The meeting adjourned at 4:56 p.m.
Submitted by Megan Kooiman